January 31, 2018.

The dollar traded higher in the morning then turned lower to close a choppy directionless trading day. Most FX markets traded sideways as investors await the FOMC statement tonight and NFP numbers Friday. OIL went thru another selloff day ahead of the inventories number today and closed below 64$, down 4% over the last three trading days. Most global markets closed in the red after another weak US session as rising rate fears and profit taking at all time highs for the indexes suddenly loom over Wall Street.

EURO Zone CPI at 10 am, ADP Non Farm at 1:15 pm, OIL inventories at 3:30 pm and the FOMC statement at 7 pm are the important news on the agenda Wednesday.

 

MarketGBPUSDUSDJPYEURJPYEURUSDGOLDOIL
30.1.20180.5%-0.12%-0.02%0.1%-0.37%-1.6%
USDMXNUSDCHFAUDUSDAUDJPYUSDCADSilverPlatinum
0.67%-0.3%-0.17%-0.3%-0.06%-0.22%-1.21%
Dollar IndexDAXFTSE100CAC40EURSXX50NIKKEI225CSI300
0.04% -0.95%-1.09%-0.87%-1%-0.83%0.27%
1 YEAR14.41%6.89%15.26%11.64%21.3%25.96%

                                                                                                      

                         Swing trades follow up  

TradeEntry pricePositionOpen profitDate triggeredStop lossRemarks today
DAX133043-41025/113200 
       
NASDAQ695161525/16900 
GBPUSD40320.7-18629/14060Stopped out
Silver17.121500-24429/117.28Stopped out
GBPUSD41450.734030/14120New position
EURUSD23990.730030/12360New position
       
OPEN PROFIT  $210